For years, the buzz was that artificial intelligence was the next big thing. As usual when it comes to technology innovation, the opening salvos from private equity and others took quite a while to catch up with reality.
As usual, mega-cap technology companies are likely to benefit first, as they have been embracing the onslaught of AI applications for years. They have the deep pockets to go get or make deals with the companies that are providing breakthrough technologies, like OpenAI, C3.ai and others.
With artificial intelligence now officially part of our lexicon and, depending on whom you ask, ready to dominate the world in years to come, we decided to screen the Goldman Sachs technology research universe looking for Buy rated mega-cap technology leaders that also pave the way for investors to be involved in AI.
This post appeared first at 24/7 Wall St.